SPRINGFIELD, IL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)INTERNATIONAL GROUND SOURCE HEAT PUMP ASSOCIATION, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 175% from the prior year, signaling strong growth momentum.
IGSHPA OFFERS INDUSTRY REQUIRED TRAINING THAT RAISES THE EDUCATIONAL AND INSTALLATION STANDARDS OF THE PROFESSIONS REQUIRED TO INSTALL GROUND SOURCE HEAT PUMPS.
INDUSTRY TRAINING AND CERTIFICATION IS OUR MOST IMPORTANT ACTIVITY AND MAKES UP APPROXIMATELY 33% OF OUR WORK. CERTIFICATIONS ARE SECURED BY A PASSING RATE ON A TEST, OR THE MORE TECHNICAL...
INDUSTRY TRAINING AND CERTIFICATION IS OUR MOST IMPORTANT ACTIVITY AND MAKES UP APPROXIMATELY 33% OF OUR WORK. CERTIFICATIONS ARE SECURED BY A PASSING RATE ON A TEST, OR THE MORE TECHNICAL CERTIFICATIONS REQUIRE SUBMISSION OF RELEVANT INDUSTRY PARTICIPATION AS WELL AS EDUCATION, WHICH IS THEN REVIEWED BY A BOARD OF PEERS. THESE CERTIFICATIONS OFFER A BASELINE FOR QUALITY OF INSTALLATION THAT HELPS TO REINFORCE PROPER INSTALLATIONS, REDUCING FAULTY INSTALLATIONS THAT CAN RESULT IN CUSTOMER DISSATISFACTION AND POSSIBLE RISK TO HEALTH AND SAFETY.
TO PROMOTE A SUSTAINABLE AND DECARBONIZED FUTURE ACROSS THE GLOBE THROUGH THE ADOPTION OF GEOTHERMAL AS THE CLEANEST, MOST EFFICIENT HEATING AND COOLING TECHNOLOGY. THIS ACTIVITY HAS AND WILL ALWAYS...
TO PROMOTE A SUSTAINABLE AND DECARBONIZED FUTURE ACROSS THE GLOBE THROUGH THE ADOPTION OF GEOTHERMAL AS THE CLEANEST, MOST EFFICIENT HEATING AND COOLING TECHNOLOGY. THIS ACTIVITY HAS AND WILL ALWAYS CONTINUE TO BE THE PRIMARY PURPOSE OF IGSHPA. PROMOTING INDUSTRY NEWS, RESEARCH AND EVENTS THROUGH MONTHLY NEWSLETTERS AND VIRTUAL TOWN HALLS, DISTRIBUTION OF EDUCATIONAL MATERIALS, AND INDUSTRY EVENTS, SUCH AS OUR ANNUAL CONFERENCE. MEMBERSHIP HAS BEEN ABOUT 33% OF OUR WORK.
THE ANNUAL GENERAL MEETING, ANNUAL CONFERENCE WITH WORKSHOPS FOR MEMBER PARTICIPATION, BOD ELECTIONS. CONFERENCE HAS BEEN ABOUT 33% OF OUR WORK.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,985,171 | $720,756 | +1.8% |
| Expenses | $2,042,619 | $755,402 | +1.7% |
| Net Income | $-57,448 | $-34,646 | +0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KOURTNEY LULL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN URLAUB | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JACK DIENNA | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN CARDA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOYD LEE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE PARSONS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONA KYLER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF HAMMOND | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$190,606 | $31,325 | $221,931 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,985,171 | $2,042,619 | $300,720 | $-57,448 |
| 2023 | $720,756 | $755,402 | $358,168 | $-34,646 |
| 2022 | $544,853 | $417,018 | $392,813 | $127,835 |
| 2021 | $280,301 | $146,195 | $264,978 | $134,106 |
Compare INTERNATIONAL GROUND SOURCE HEAT PUMP ASSOCIATION with other nonprofits in Illinois and across the country.